Taylor Morrison Home (TMHC+2.5%) gets a lift from a number of companies initiating coverage today. Credit Suisse starts the shares with an Outperform rating and $30 price target, citing a couple of significant factors; above-average growth driven by U.S. margin expansion and volume growth supported by land position and community count growth. Separately, Wells Fargo also initiates coverage with an Outperform, Citi starts it with a Buy, and JPMorgan with an Overweight.

Homebuilder Taylor Morrison (TMHC) +7.4% to $23.62 on its debut on the NYSE after it raised $629.2M in its IPO. The company sold 28.6M shares at $22 each, the top end of the expected range of $20-22. The size of the IPO was increased from 23.8M shares.